News

BASA COMMENTARY STATE OF THE NATION ADDRESS (SONA) – 2016

Ahead of the 2016 State of the Nation Address (SONA) and forthcoming Budget Speech, the banking industry through The Banking Association South Africa (The Banking Association) and individual bank CEO's, has been actively engaged in the meetings in the last two weeks between business and the Minister of Finance and the President of the Republic.

ECONOMIC GROWTH FOR 2016 – NEWS REPORT ON ECONOMIC OUTLOOK

Economics has gained a reputation of being a gloomy subject these past few years, and economists offering views on the outlook for South Africa are unlikely to shed that dark cloud in 2016.

FRAUD PREVENTION – Q3 2015 CREDIT CARD FRAUD STATISTICS

At the end of the third quarter of 2015, the banking industry reported an overall decrease in card fraud of 13.8%.

CASH SAFETY TIPS FOR THE HOLIDAYS – PROTECT YOUR MONEY

When traveling, you want to make sure your cash, credit cards and debit cards are safe from would-be thieves. Identity theft and pickpocketing is on the rise.

SAVINGS TIPS AND BUDGETS FOR THE FESTIVE SEASON

The truth is Christmas doesn't have to be a time to break the bank. You don't even have to become Scrooge to save some money. The key is having a well laid plan so that you can enjoy the holiday season and keep some money in your wallet.

MINISTER OF FINANCE PRAVIN GORDHAN IS RE-APPOINTED

The Banking Association South Africa commends President Zuma for listening to the public and recognising the impact of removing Minister Nene and replacing him with somebody unknown to markets and key constituencies.

CABINET RESHUFFLE 2015 – FIRING OF MINISTER OF FINANCE

SA has just been downgraded by Fitch and is on a negative watch by S&P, both rating agencies rating the country just one notch above "junk rating.

THE BANKING ASSOCIATION SOUTH AFRICA BANKING SUMMIT – 2015

The Banking Association Summits are held annually with each summit based on a current theme of importance to the banking and/or financial industry.

UPDATED REGULATORY COMPLIANCE GUIDANCE FOR SMES

To minimise the risk of damage to an SME, all stakeholders, employees and employers need to be kept up to date with regulatory requirements.

SMALL BUSINESS TAX – WHAT YOU NEED TO KNOW

Small business owners may find themselves at a loss when it comes to tax, especially the when and – most importantly – how much. Here’s a simplified guide.